About 506 S Westgate Avenue
INVESTMENT OPPORTUNITY NEAR DOWNTOWN LAKELAND! This cement-block duplex features two 2-bedroom, 1-bath units, each offering more than 900 square feet of living area. Both units are currently rented, providing immediate rental income for the new owner. Additional highlights include fenced yards and new roof shingles, fascia and soffits completed in 2026. The property also provides ample off-street parking with six designated spaces. Conveniently located near downtown Lakeland with easy access to shopping, dining, employment and major roadways. Priced below market at $249,000. This income-producing property offers an excellent opportunity to add a solid rental property to your investment portfolio. The rents are below normal rents in the area. The rents in the community range in the $1100 to $1400 per side unit. PLEASE CALL TODAY FOR ADDITIONAL INFORMATION!!
Features of 506 S Westgate Avenue
| MLS® # | L4964553 |
|---|---|
| Price | $249,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,813 |
| Acres | 0.16 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | KELLER WILLIAMS REALTY |
|---|
Listing Map
Neighborhood Information for 506 S Westgate Avenue
Growing Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Jesse Keen Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
|
|
West Area Adult/Community School Public - to |
1 Miles | |
|
Mckeel Academy Of Technology Public - 7Th Grade to 12Th Grade |
1 Miles | |
|
Rosabelle W. Blake Academy Public - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Youthbuild - Lakeland Public - 10Th Grade to Adult - Other |
1 Miles | |
|
|
Grace Learning Academy Private - Preschool to 8Th Grade |
1 Miles | |
|
|
Lakeland Christian School Private - Preschool to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools